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Economist Peter Schiff posted on the X platform, stating that the surge in oil prices will not lead to increased inflation, but will only trigger an economic recession. What truly causes heightened inflation is the fiscal and monetary policies implemented after the spike in oil prices.

Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker.According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.

According to Jinshi citing CCTV news reports, the Iranian Islamic Revolutionary Guard Corps issued a statement saying that the Revolutionary Guard Navy carried out a joint operation using drones and ballistic missiles to strike a U.S. military helicopter base early that morning. The statement claimed that this round of attacks accurately hit the helicopter maintenance facilities, helicopter and aircraft fuel tanks, and command building within the base, causing severe damage. The Iranian side stated that a fierce fire broke out at the base after the attack, with large plumes of black smoke visible from a distance. The U.S. side has not yet responded to this.

The Deputy Director of the Iranian President's Office stated that (to clarify the Iranian President's remarks) Iran will respond firmly to any acts of aggression by the United States at its bases in the region.

According to Jinshi Data, on March 7 local time, Iranian President Pezeshkian delivered a speech calling for national unity to defend Iran, stating that Iran would never unconditionally surrender. In his speech, Pezeshkian apologized to neighboring countries and stated that the interim leadership committee approved on the 6th to no longer attack neighboring countries or launch missiles unless these countries first attack Iran.

As the Middle East conflict leads to flight cancellations and logistics disruptions, a large amount of gold stranded in Dubai is being sold at a noticeable discount.Insiders reveal that due to exceptionally high transportation and insurance costs, and the inability to guarantee timely delivery, many buyers have suspended new procurement orders. As a result, under the pressure of indefinitely bearing storage and capital costs, traders have started selling gold at discounts of up to $30 per ounce below the London benchmark price.Sources say that although some gold has been loaded onto flights leaving Dubai since the middle of this week, as of Friday, many batches of gold remain stranded. The UAE, especially Dubai, is a significant global hub for gold refining and trading, exporting gold to various parts of Asia and serving as an important transit point for gold to Switzerland, the UK, and several African countries. Due to the escalation of the conflict in the Middle East, some airspace in the UAE has been closed; meanwhile, the military strikes by the US and Israel against Iran have entered their seventh day, with no signs of an end in sight.

According to The Wall Street Journal, the two leading prediction markets, Polymarket and Kalshi, are recently in talks with potential investors for funding, with valuations around $20 billion.Last year, it was reported that Polymarket was negotiating funding at a valuation of $12 billion. In December, Kalshi completed a $1 billion financing round, bringing its valuation to $11 billion.

Curve Finance posted on platform X that PancakeSwap seems to have used Curve's code without permission, violating its open-source license agreement. Curve Finance stated that such actions are not only illegal but have historically proven to be unwise in other respects.Curve Finance also pointed out that if PancakeSwap wishes to legally use its Stableswap feature and draw on its security practices to ensure user fund safety, they can still reach out through licensing or collaboration.

According to Jinshi reports, the European Stoxx 600 index continued its decline after the release of U.S. employment data, with an intraday drop of up to 1%.

According to The Block, Bitcoin has once again retreated after a recent rebound, falling below the $70,000 mark. The macro environment is becoming cautious, and the market still faces uncertainty. Analysts point out that since the escalation of the conflict in Iran, spot market buying has significantly increased, but ETF fund flows have reversed after three consecutive days of net inflows. The current market is still digesting multiple uncertainties, including the escalation of geopolitical conflicts, profit pressures in the tech industry, and vulnerabilities in the private credit market. If oil prices continue to rise, pushing yields higher, it may limit the further rebound potential of risk assets.In terms of derivatives, there are currently no obvious signs of excessive leverage. The growth of open interest is basically in sync with spot demand, and funding rates remain at moderate levels. Overall, the crypto market is still in a delicate balance between improving spot demand and macro pressures.

According to PRNewswire, cryptocurrency payment solution provider Alchemy Pay has announced that it has obtained a money transmission license in Delaware to expand its fiat-cryptocurrency payment services. As of now, it holds money transmission licenses in 15 states across the United States, including Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, South Carolina, Kansas, West Virginia, South Dakota, and Nebraska.

The Governor of the Central Bank of Russia, Elvira Nabiullina, stated that banks and brokerage firms are expected to be allowed to obtain cryptocurrency exchange operating licenses directly based on existing banking licenses through a "notification process," without the need to reapply for a complete new license.The regulatory framework categorizes digital currencies and stablecoins as tradable assets but prohibits their use for domestic payments; the initial participation limit for banks in crypto assets is set at 1% of their capital. The relevant bill is expected to be submitted to the State Duma, and the regulatory framework will officially come into effect on July 1, 2026.

The cryptocurrency payment company Alchemy Pay announced that it has obtained a Money Transmitter License issued by the state of Delaware in the United States, allowing it to conduct compliant money transmission-related business locally. With this license approval, Alchemy Pay now holds money transmitter licenses in 15 states in the U.S., and its global compliance layout has expanded to cover regions such as Australia, South Korea, Switzerland, and Hong Kong.

Russian Ministry of Finance officials have stated that they are considering introducing a separate stablecoin bill, rather than incorporating stablecoins into the upcoming cryptocurrency exchange regulations. Alexey Yakovlev, head of the Financial Policy Department, stated that stablecoins have "huge, even extremely huge potential." Russia has viewed stablecoins as a potential tool to bypass sanctions.Yakovlev mentioned that after the State Duma passes a bill prohibiting citizens from trading cryptocurrencies on platforms without operating licenses, they will begin to advance stablecoin regulation. The cryptocurrency bill is expected to be submitted to the State Duma during the spring session, potentially coming into effect as early as July. Currently, stablecoins do not have a legal status under Russian law, and the Ministry of Finance has expressed a desire to resolve this issue as soon as possible. Yakovlev stated that the government aims to ensure that stablecoins "serve economic interests, especially domestic interests." Previously, the Central Bank of Russia established a category for "foreign digital rights," with the first approved stablecoin being the ruble-pegged A7A5 stablecoin, which was authorized for use in overseas trade last October.According to market news, the total value of issued stablecoins has increased by over 51% since the beginning of 2025, reaching $311 billion.

According to market news, Russia is planning to fully incorporate cryptocurrency trading into a regulated "legal infrastructure" through legislative means, by authorizing commercial banks and brokers to lead digital asset operations and establishing a domestic compliance trading system that is highly isolated from global mainstream markets.Elvira Nabiullina, the Governor of the Central Bank of Russia, proposed at the annual meeting of credit institutions to allow qualified commercial banks and brokerage firms to obtain cryptocurrency trading licenses through a filing process, utilizing their existing anti-money laundering (AML) systems to monitor the flow of funds, and limiting banks' risk exposure to such assets to no more than 1% of their capital.According to a draft by the State Duma's Financial Market Committee, the new regulations are expected to be ready by July 1, 2026, aiming to change the current lack of transparency in the legal status of digital assets and guide decentralized P2P trading to regulated domestic platforms. Analysts point out that, with the deepening of EU and US sanctions against Russia, this move aims to create a "self-sufficient compliance internal circulation."

A bill has been proposed in New York State, USA, aiming to prohibit AI from answering questions in professional fields such as medicine, law, dentistry, nursing, psychology, and engineering.According to relevant interpretations, this action is essentially not about protecting the public, but rather "an industry that charges $500/hour is using politicians to protect its knowledge monopoly." Lawyers do not want users to know that AI can draft contracts in 30 seconds, doctors do not want users to know that AI can interpret blood reports better than residents, and engineers do not want users to know that AI can review your design sketches overnight. The intention behind New York State's proposed ban on AI answering professional questions is not to protect users, but to protect their businesses.

OpenAI announced the release of GPT-5.4 in ChatGPT (in the form of GPT-5.4 Thinking), API, and Codex, marking its most powerful and efficient state-of-the-art model for professional work to date. It also released GPT-5.4 Pro for ChatGPT and API users, designed specifically for those who seek extreme performance on complex tasks.GPT-5.4 integrates OpenAI's recent advancements in reasoning, programming, and agent-based workflows into a single state-of-the-art model, incorporating the industry-leading programming capabilities of GPT-5.3-Codex while improving the model's performance in tools, software environments, and professional tasks involving spreadsheets, presentations, and documents.

According to AXIOS, President Trump stated in an interview on Thursday that he needs to be personally involved in selecting Iran's next leader, just as he did in Venezuela.Trump acknowledged that the assassinated Supreme Leader Khamenei's son, Mojtaba Khamenei, is the most likely successor, but he also made it clear that he finds this outcome unacceptable. For several days, the Iranian regime has delayed announcing the successor to the Supreme Leader. However, statements from Iranian political figures on Thursday hinted that an announcement may be imminent.Trump said, "They are wasting time. Khamenei's son is a nobody. I must be involved in the appointment process, just like I handled Delcy Rodriguez in Venezuela." He added that he would not accept any new Iranian leader who would continue Khamenei's policies, which would force the U.S. to "go to war again in five years."

Backpack Exchange announced today that former U.S. Commodity Futures Trading Commission (CFTC) Commissioner and Acting Chairman Mark Wetjen has officially joined the company as President of Backpack US. In this role, Wetjen will lead Backpack's strategic expansion in the U.S., helping the company continue to build a regulated global on-chain financial platform.

Bloomberg ETF senior analyst Eric Balchunas posted on the X platform that Bitcoin ETFs have attracted another $500 million in inflows, with 10 out of 11 U.S. Bitcoin ETFs being favored by investors. Additionally, since the escalation of the conflict in the Middle East, Bitcoin has risen about 12%, while gold has seen a decline during the same period. This performance has sparked discussions in the market about the safe-haven properties of both assets.Eric Balchunas further stated that it is relatively rare for Bitcoin to strengthen while gold declines in the context of rising geopolitical uncertainty, prompting some investors to rethink the roles of traditional "safe-haven assets" and "digital gold." This raises the question of whether gold has failed to act as a safe haven in the current environment, or conversely, whether Bitcoin is gradually taking on some of the functions of a safe-haven asset. However, there remains a long-term divide in the market, with some analysts believing that gold is still the primary safe-haven asset during traditional crises, while Bitcoin's market performance tends to be more volatile.